IWDP.L vs. VHYL.AS
IWDP.L (iShares Developed Markets Property Yield UCITS ETF USD (Dist) GBP) and VHYL.AS (Vanguard FTSE All-World High Dividend Yield UCITS ETF - (USD) Distributing) are both exchange-traded funds - IWDP.L is a REIT fund tracking the FTSE EPRA Nareit Global TR USD, while VHYL.AS is a Global Equities fund tracking the FTSE All-World High Dividend Yield Index. Both are passively managed. Over the past 10 years, IWDP.L returned 4.14%/yr vs 11.03%/yr for VHYL.AS. A 0.61 correlation means they provide meaningful diversification when combined. IWDP.L charges 0.59%/yr vs 0.29%/yr for VHYL.AS.
Performance
IWDP.L vs. VHYL.AS - Performance Comparison
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Different Trading Currencies
IWDP.L is traded in GBp, while VHYL.AS is traded in EUR. To make them comparable, the VHYL.AS values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, IWDP.L achieves a 10.36% return, which is significantly lower than VHYL.AS's 12.90% return. Over the past 10 years, IWDP.L has underperformed VHYL.AS with an annualized return of 4.14%, while VHYL.AS has yielded a comparatively higher 11.03% annualized return.
IWDP.L
- 1D
- 0.87%
- 1M
- 2.03%
- YTD
- 10.36%
- 6M
- 11.23%
- 1Y
- 14.79%
- 3Y*
- 7.08%
- 5Y*
- 1.91%
- 10Y*
- 4.14%
VHYL.AS
- 1D
- 1.57%
- 1M
- 2.02%
- YTD
- 12.90%
- 6M
- 13.64%
- 1Y
- 28.84%
- 3Y*
- 16.17%
- 5Y*
- 11.86%
- 10Y*
- 11.03%
IWDP.L vs. VHYL.AS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IWDP.L iShares Developed Markets Property Yield UCITS ETF USD (Dist) GBP | 10.36% | 1.72% | 1.23% | 3.99% | -14.93% | 26.93% | -12.50% | 17.32% | -0.09% | 1.36% |
VHYL.AS Vanguard FTSE All-World High Dividend Yield UCITS ETF - (USD) Distributing | 12.90% | 18.41% | 11.47% | 4.89% | 5.34% | 20.27% | -3.63% | 15.94% | -6.08% | 9.29% |
Correlation
The correlation between IWDP.L and VHYL.AS is 0.57, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.57 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.59 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.60 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.60 |
Correlation (All Time) Calculated using the full available price history since May 21, 2013 | 0.61 |
The correlation between IWDP.L and VHYL.AS has been stable across timeframes, ranging from 0.57 to 0.61 - a consistent structural relationship.
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Return for Risk
IWDP.L vs. VHYL.AS — Risk / Return Rank
IWDP.L
VHYL.AS
IWDP.L vs. VHYL.AS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Developed Markets Property Yield UCITS ETF USD (Dist) GBP (IWDP.L) and Vanguard FTSE All-World High Dividend Yield UCITS ETF - (USD) Distributing (VHYL.AS). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| IWDP.L | VHYL.AS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.91 | ||
| Sortino ratioReturn per unit of downside risk | -2.54 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.60 | -0.38 |
| Calmar ratioReturn relative to maximum drawdown | 1.63 | 4.14 | -2.50 |
| Martin ratioReturn relative to average drawdown | 5.06 | 15.36 | -10.30 |
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Drawdowns
IWDP.L vs. VHYL.AS - Drawdown Comparison
The maximum IWDP.L drawdown since its inception was -59.16%, which is greater than VHYL.AS's maximum drawdown of -30.89%. Use the drawdown chart below to compare losses from any high point for IWDP.L and VHYL.AS.
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Drawdown Indicators
| IWDP.L | VHYL.AS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.16% | -30.89% | -28.27% |
Max Drawdown (1Y)Largest decline over 1 year | -8.61% | -6.85% | -1.76% |
Max Drawdown (3Y)Largest decline over 3 years | -16.50% | -13.94% | -2.56% |
Max Drawdown (5Y)Largest decline over 5 years | -26.31% | -13.94% | -12.37% |
Max Drawdown (10Y)Largest decline over 10 years | -35.61% | -27.87% | -7.74% |
Current DrawdownCurrent decline from peak | -0.24% | 0.00% | -0.24% |
Average DrawdownAverage peak-to-trough decline | -11.12% | -7.27% | -3.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.78% | 1.86% | +0.92% |
Volatility
IWDP.L vs. VHYL.AS - Volatility Comparison
iShares Developed Markets Property Yield UCITS ETF USD (Dist) GBP (IWDP.L) has a higher volatility of 3.06% compared to Vanguard FTSE All-World High Dividend Yield UCITS ETF - (USD) Distributing (VHYL.AS) at 2.31%. This indicates that IWDP.L's price experiences larger fluctuations and is considered to be riskier than VHYL.AS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IWDP.L | VHYL.AS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.06% | 2.31% | +0.75% |
Volatility (6M)Calculated over the trailing 6-month period | 8.53% | 7.12% | +1.41% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.01% | 8.90% | +2.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.77% | 11.25% | +2.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.56% | 13.43% | +2.13% |
IWDP.L vs. VHYL.AS - Expense Ratio Comparison
IWDP.L has a 0.59% expense ratio, which is higher than VHYL.AS's 0.29% expense ratio.
Dividends
IWDP.L vs. VHYL.AS - Dividend Comparison
IWDP.L's dividend yield for the trailing twelve months is around 2.93%, more than VHYL.AS's 2.46% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IWDP.L iShares Developed Markets Property Yield UCITS ETF USD (Dist) GBP | 2.93% | 3.14% | 3.18% | 3.14% | 3.56% | 2.17% | 3.11% | 3.03% | 3.82% | 3.05% | 2.96% | 2.93% |
VHYL.AS Vanguard FTSE All-World High Dividend Yield UCITS ETF - (USD) Distributing | 2.46% | 2.85% | 3.04% | 3.41% | 3.78% | 3.03% | 3.08% | 3.24% | 3.68% | 3.13% | 3.02% | 3.25% |
Frequently Asked Questions
IWDP.L and VHYL.AS have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, VHYL.AS is cheaper at 0.29% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VHYL.AS is cheaper with a 0.29% expense ratio, compared with 0.59% for IWDP.L.
IWDP.L is categorized as REIT, while VHYL.AS is Global Equities. IWDP.L tracks FTSE EPRA Nareit Global TR USD, while VHYL.AS tracks FTSE All-World High Dividend Yield Index. They also come from different issuers: iShares and Vanguard. Their fees differ too: 0.59% for IWDP.L and 0.29% for VHYL.AS.
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